BOSTON--(BUSINESS WIRE)--Sept. 12, 2006--
State Street Corporation (NYSE: STT), the world's
leading provider of financial services to institutional investors,
announced today that it ranked No. 33 on the 2006 InformationWeek 500.
State Street received the honor at the exclusive InformationWeek 500
conference in Rancho Mirage, California. 2006 marks the fourth
consecutive year that State Street has been named to this prestigious
ranking.
"Our inclusion in the InformationWeek 500 is a testament to our
team's ability to develop the most innovative technology solutions for
our customers year after year," said Joseph Antonellis, executive vice
president and chief information officer for State Street. "Our
commitment to investing in our technology and the professional
development of our IT team are directly benefiting our customers
around the world."
State Street was chosen for the InformationWeek 500 based on its
success in building upon its online and on-demand information delivery
architecture, mystatestreet.com. State Street is also expanding upon
its middle office platform for investment manager operations
outsourcing, creating the industry's best-in-class integrated platform
to service the middle office of global investment managers.
State Street's IT organization is structured in a way that not
only fosters, but also depends on cross-functional teamwork. Its
motivational program for IT professionals, "Excellence In Action," is
the foundation behind the company's semiannual CIO Award, which honors
the work of 30 select IT employees.
"We'd like to extend our sincere congratulations to all
InformationWeek 500 honorees. These companies represent today's
leading technology innovators, many of whom have joined us this week,"
said InformationWeek's publishing director, Fritz Nelson. "This group
has prompted fascinating discussion on some of the most
forward-looking business technology initiatives to date."
For the past 18 years, InformationWeek has identified and honored
the nation's most innovative users of information technology with its
annual listing. The list is unique among corporate rankings because it
spotlights the power of innovation in information technology, rather
than simply identifying the biggest IT spenders. Additional details on
the InformationWeek 500 can be found online at
www.informationweek.com/iw500/.
About State Street Corporation
State Street Corporation (NYSE: STT) is the world's leading
specialist in providing institutional investors with investment
servicing, investment management and investment research and trading
services. With $10.9 trillion in assets under custody and $1.5
trillion in assets under management at June 30, 2006, State Street
operates in 26 countries and more than 100 geographic markets
worldwide. For more information, visit State Street's web site at
www.statestreet.com.
About InformationWeek
InformationWeek sets the agenda for business technology
executives, covering the full range of information access points IT
decision-makers use today. A trusted, authoritative source and
information filter, InformationWeek helps community members understand
and focus on what's important up-to-the-minute -- in print, online,
through independent research and at live, peer-to-peer events. Through
its cross-media platform, InformationWeek delivers content to
complement the print publication to its community of business
technology leaders when and how they want it, 24/7. The
InformationWeek community includes an audience of 2.5 million CIOs, IT
executives and business managers who cut across industries, job
titles, company sizes and global borders.
InformationWeek is consistently recognized for its commitment to
excellence and thought leadership by the IT community, receiving many
of the industry's top media accolades, including several awards from
the American Society of Business Publication Editors (ASBPE), top
spots in BtoB Magazine's Media Power 50 and Circulation Excellence
Awards from Circulation Management Magazine.
About CMP Technology
CMP Technology is a marketing solutions company serving the
technology, healthcare and lifestyles industries. Through its
market-leading portfolio of trusted information brands, CMP Technology
has earned the confidence of more professionals and enthusiasts in
these fields than any other media company. As a result, CMP is the
premier provider of access, insight and actionable programs designed
to connect sellers and buyers in each of these industries in ways that
yield superior return on investment. CMP Technology is a subsidiary of
United Business Media (http://www.unitedbusinessmedia.com), a global
provider of news distribution and specialist information services with
a market capitalization of more than $3 billion.
Source: State Street Corporation
Contact: Media Contact for State Street:
Brian Willinsky, +1 617-664-8576
bmwillinsky@statestreet.com
or
Media Contact for CMP:
Articulate Communications Inc.
Jennifer Cincu, 212-255-0080, ext. 33
jcincu@articulatepr.com